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. this is a quote from president barack obama, 2011 state of the union address. he says, to put us on solid ground we should also find a bipartisan solution to strengthen social security for future generations. i mention social security, mr. speaker, because the fair tax, that bill, h.r. 25, most widely co-sponsored bill in the u.s. house of representatives of fundamental tax reform, replaces income taxes and the payroll taxes, payroll taxes, that 15.3% comes out ofer american's paycheck in order to fund social security and medicare, it replaces both of those with this 23% sales tax. replaces all your income tax, payroll taxes with a sales tax. and so for the first time, mr. speaker, we would begin to link the size of the social security trust fund not with wages in this country but with the size of the economy in this country. so when we double the size of the economy, we double the contributions to the social security trust fund, we protect social security for future generations. mr. speaker, a poll three years ago now, they asked college age students, do you believe in u.f.o.'s? folks said yes,
complement president obama's request and reflect the undisputable fact that statehood won the november referendum. puerto rico stands in a far different place today than it did six months ago. an historic referendum was held. the president responded to the results and congress now has the responsibility to act. those who seek the equality and progress for puerto rico are on the forward march while those who support the same old status quote are in retreat would drive the debate, while they merely react to the debate. and in the end mindful that the arc of history's long bends the justice, i am confident we will prevail. thank you, mr. speaker. i yield back the balance of my time. the speaker pro tempore: the chair recognizes the gentlewoman from california, ms. lee, for ive minutes. ms. lee: thank you, mr. speaker. let me first send my thoughts and prayers to the city of boston, families and friends and all those touched by yesterday's horrific tragedy. an incredible strength on full display in the streets of boston when untold numbers of people, the police, firefighters, volunteers, r
Search Results 0 to 1 of about 2